2019 Tennessee Code
Title 56 - Insurance
Chapter 21 - State Mutual Fire Insurance Companies
§ 56-21-113. Guaranty capitalized companies maintaining reinsurance reserves may limit premiums in policies.

Universal Citation: TN Code § 56-21-113 (2019)

All companies operating under the guaranty capital provisions of this chapter and levying advance premiums and maintaining a full legal reinsurance reserve may limit their policyholders' liability to the amount of premiums stated in the policy or insurance contract and collect the same as set out in the policy and contract.

Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.